$302 Million Lost to Crypto Scams, Hacks, and Exploits in May: CertiK
Cryptocurrency investors lost more than $300 million to scams, hacks and exploits in May, according to blockchain security firm CertiK. The majority of those losses were related to code vulnerability exploits, which accounted for $229 million — a 4,483% rise on April. Phishing, which involves an attacker stealing a...
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ETH Rebounds Sharply From Intraday Lows, Signals Bullish Shift as $2,500 Holds
Ethereum continues to demonstrate notable resilience amid growing economic headwinds, maintaining its footing above the $2,500 support level despite intensified market volatility. The asset rebounded sharply from $2,472.84 to a session high of $2,547.92, with price currently holding near $2,514. Technical momentum remains intact as higher lows persist, supported...
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How James Wynn’s $100M Implosion Is Familiar Leverage Tale
Derivatives trader James Wynn emerged out of the woodworks a few weeks ago, flaunting 9-figure bitcoin positions on HyperLiquid as he went on a seemingly undefeatable run that culminated in around $100 million worth of profit. But that run, as is often the case with highly-leveraged crypto derivative trading,...
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SharpLink Shares Sink 30% After Last Week’s 2,000% Surge
Shares of SharpLink Gaming (SBET) slipped 30% in early trading Monday, giving back a small bit of last week’s 2,000% surge. The historic move higher — the stock moving from less than $3 to above $100 at one point — came following news that Sharplink was raising $450 million...
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The Dark Times Are Here. Where Is Bitcoin?
Bitcoin emerged in the darkness of the global financial crisis in 2008. The Bitcoin white paper represented a genuine breakthrough in thinking about coordinating complex systems in a decentralized environment. Though not every idea in it was new, Bitcoin’s combination was ground-breaking in its scope and potential for reliability....
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BNB Tests $660 Resistance as Price Forms Short-Term Bearish Pattern
Binance Coin (BNB) is holding steady above the $650 mark despite rising volatility in global markets sparked by escalating global trade tensions. The cryptocurrency briefly touched $664 before pulling back, but heavy trading volume suggests solid support at $650, according to CoinDesk Research’s technical analysis data model. The broader...
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Bitcoin creator Satoshi Nakamoto could soon overtake Warren Buffett, Mark Zuckerberg to become the world’s second richest
Satoshi’s potential rise in wealth underscores the transformative economic impact of cryptocurrency and its challenge to traditional wealth hierarchies. The post Bitcoin creator Satoshi Nakamoto could soon overtake Warren Buffett, Mark Zuckerberg to become the world’s second richest appeared first on Crypto Briefing....
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USDT0 Introduces XAUt0, Modernizing Access to Gold with True Digital Ownership
[PRESS RELEASE – Road Town, British Virgin Islands, June 2nd, 2025] Today, USDT0, the unified liquidity network for Tether’s US dollar pegged stablecoin (USDt), announces the launch of XAUt0, the omnichain evolution of Tether Gold (XAUt), built to bring the largest gold-backed digital token to the world’s leading blockchains....
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BAY Miner Launches Free Mobile Cloud Mining App for Bitcoin, Dogecoin, and Litecoin
Phoenix, Arizona, June 02, 2025 (GLOBE NEWSWIRE) — BAY Miner, an established cloud mining provider, has released a new mobile application enabling users to mine Bitcoin (BTC), Dogecoin (DOGE), and Litecoin (LTC) for free – eliminating the need for physical mining equipment. The app, available on Android and iOS,...
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Strategy And Metaplanet Deepen Bitcoin Exposure With Over $190 Million In Fresh Buys Amid $105K Market Level
Two of the most aggressive corporate Bitcoin acquirers, Strategy Inc. (NASDAQ:MSTR) and Japan-based Metaplanet, expanded their holdings significantly in early June, reinforcing the growing institutional embrace of Bitcoin as a treasury reserve asset. Strategy Inc. announced the purchase of 705 additional Bitcoin for approximately $75 million. Acquired at an...
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